ORANGE COUNTY, CA-The Lovelock LLC investment group has acquired the Garden Grove Center, a 37,091-sf retail center from MRES America Fund for $4.8 million.

Located at 13004-13112 Harbor Blvd., the center is a passive investment for the group, which has no plans to renovate the three buildings currently existing on the property. Of the three buildings, two are multi-tenant pad buildings, both facing Harbor Boulevard. The third building is an in-line shopping center adjacent to Mervyn’s department store.

There are 14 tenants occupying the center, including: Payless Shoe Source, LA Cellular, Dairy Queen, Farmers Insurance, Sizes Unlimited and Hong Kong Express. Only 10%, or about 2,000-sf of space, is currently available for lease.

Charles Dunn Co.’s Irvine and Los Angeles offices represented both the buyer and the seller in the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.